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can you answer last part for unallocated common fixed expense and accouting market income(loss) Segment Reporting and Analysis: Business Book Publishers, inc, has prepared income
can you answer last part for unallocated common fixed expense and accouting market income(loss)
Segment Reporting and Analysis: Business Book Publishers, inc, has prepared income statements segmented by divisions, but mangement is still uncertan about actual performacice. Finaricial informution for May is glven as follows: Management is concerned about the Professional Division and requests additional analysis. Additional information regaring May operations of the Professionai Divion is as follows: The professional accounting books are sold to auditors and controllers. The current information on these markets is as follows: a. Prepare an income statement segmented by product for the Professional Divsion. Incide a column for the dvision as a wtiole. Note: Do not use a negative sign with your answers with the enception of a nexative nmiturt marin or a division loss which shoull hare a negarine vig b. Prepare an income statement segmented by rrarket far the Accounting Books segrem of the Profetsonal bivition. Business Books Publishers inc. Professional Division Market income Statements: Accounting Books Segment For the Month of May Step by Step Solution
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